MUA Posted June 5, 2011 Report Share Posted June 5, 2011 (edited) Minimum balance required 1500$, Safer martingale, educated! LIVE Summary: hxxp://www.tradingsystemforex.com/commercial-expert-advisors/1390-omega99-ea.html Deposit/Withdrawal: 1 466.40 Credit Facility: 0.00 Closed Trade P/L: 716.72 Floating P/L: -10.60 Margin: 16.50 Balance: 2 183.12 Equity: 2 172.52 Free Margin: 2 156.02 Details: Graph Gross Profit: 1 405.73 Gross Loss: 689.01 Total Net Profit: 716.72 Profit Factor: 2.04 Expected Payoff: 3.05 Absolute Drawdown: 0.00 Maximal Drawdown: 168.08 (7.54%) Relative Drawdown: 7.54% (168.08) Total Trades: 235 Short Positions (won %): 127 (62.20%) Long Positions (won %): 108 (64.81%) Profit Trades (% of total): 149 (63.40%) Loss trades (% of total): 86 (36.60%) Largest profit trade: 218.24 loss trade: -70.40 Average profit trade: 9.43 loss trade: -8.01 Maximum consecutive wins ($): 10 (51.50) consecutive losses ($): 4 (-91.50) Maximal consecutive profit (count): 218.24 (1) consecutive loss (count): -168.08 (3) Average consecutive wins: 4 consecutive losses: 2 Educated EA with all working indicators. http://[email protected]/file/8EiZG74U/Omega_99.html? Edited June 7, 2011 by MUA tomislav, stovedude, sovereighn57 and 6 others 9 Quote Link to comment Share on other sites More sharing options...
prepu5 Posted June 5, 2011 Report Share Posted June 5, 2011 This is another martingale system that will blow up you account in 2 months... The problem is that you can not configure any limit in the number of orders... Quote Link to comment Share on other sites More sharing options...
MUA Posted June 5, 2011 Author Report Share Posted June 5, 2011 I back-tested with 2000 $ for 8 years but it survived! Try it! Please update the back-test or demo result. I will update mine. Quote Link to comment Share on other sites More sharing options...
dingueling Posted June 5, 2011 Report Share Posted June 5, 2011 Dangerous ! yes it goes 0.1,0.3,0.9,2.7,8.1 lot. Every 27 or 28 pips it multiply the lot size by 3 . Better avoid. Quote Link to comment Share on other sites More sharing options...
MUA Posted June 5, 2011 Author Report Share Posted June 5, 2011 (edited) It dose not trade instantly/randomly (unlike forex hacked) in forward test.. It uses its indicator to enter trade. .Unlike other martingale that require 10000$ starting balance to make a backtest, you can backtest with smaller capital like 1500 $. So..far in forward test, it required 0.01 and 0.03 and 0.09 lots ( but not higher) in last one month, but i know its very short time to say thats its safer. I believe, its martingale function is the last resort.... Any body feel the same? I am not advocating it, and i am just a learner ... but just got interested on this martingale that uses indicator to enter the trade. Please guys keep me updated if you are using it Edited June 5, 2011 by MUA Quote Link to comment Share on other sites More sharing options...
awsl Posted June 5, 2011 Report Share Posted June 5, 2011 double up is risky, tripple up is one quick way to blow an account. Quote Link to comment Share on other sites More sharing options...
⭐ deadsoul Posted June 5, 2011 Report Share Posted June 5, 2011 @MUA thank you so much for the sharing spirit ...even though people dosn't like martin experts but i find them one of the ways to beat the market in away.... MUA 1 Quote Link to comment Share on other sites More sharing options...
MUA Posted June 5, 2011 Author Report Share Posted June 5, 2011 @MUA thank you so much for the sharing spirit ...even though people dosn't like martin experts but i find them one of the ways to beat the market in away.... Thank you. and i think we are in the boat! Again i am not advocating this EA, I just want to learn..and share our experience. I am just a beginner, practicing demo for 6 month with various EA but i think grid/martingale at low lot/risk/MM can give you consistent 5-7% profit trading on safer less volatile Currency pair Out of manipulation from broker, big boys or market caprice, news or whatever. Can anybody can modify this EA farther so that MAx order, Max lot, lot multiplier and other setting on MM can be configured or to use it for other currency.:-? I am looking forward for my favorite Stovedude's reply. Quote Link to comment Share on other sites More sharing options...
mak2009 Posted June 5, 2011 Report Share Posted June 5, 2011 Is it USDJPY or GBPUSD...which timeframe is the best? Quote Link to comment Share on other sites More sharing options...
MUA Posted June 5, 2011 Author Report Share Posted June 5, 2011 USDJPY M15 only Quote Link to comment Share on other sites More sharing options...
dingueling Posted June 5, 2011 Report Share Posted June 5, 2011 Is it USDJPY or GBPUSD...which timeframe is the best? With GBPUSD you will blow your account faster ( backtest march 2011). Quote Link to comment Share on other sites More sharing options...
MUA Posted June 5, 2011 Author Report Share Posted June 5, 2011 Is it USDJPY or GBPUSD...which timeframe is the best? As in the first post, its for only USDJPY M15 Quote Link to comment Share on other sites More sharing options...
stovedude Posted June 6, 2011 Report Share Posted June 6, 2011 Here it is with externalized parameters, at least what I can figure out. Seems to have a high RR ratio as is (gains 3% this year with 15% DD). http://www.4shared.com/file/Wm7E5lc1/Omega99_v21_15m_3x_042309_usdj.html erzanza and MUA 2 Quote Link to comment Share on other sites More sharing options...
erzanza Posted June 16, 2011 Report Share Posted June 16, 2011 Seems it does not trade the stovedude version in demo...backtest yes, but not in demo forward test... Quote Link to comment Share on other sites More sharing options...
wepa22 Posted June 16, 2011 Report Share Posted June 16, 2011 the link in the first post is dead, please update the inidicators. Thanks Quote Link to comment Share on other sites More sharing options...
forexfx Posted June 16, 2011 Report Share Posted June 16, 2011 The link still works..I just downloaded it :) Here it is again http://www.4shared.com/file/8EiZG74U/Omega_99.html Quote Link to comment Share on other sites More sharing options...
wepa22 Posted June 17, 2011 Report Share Posted June 17, 2011 start your bt in 01/2011 and you blow your account with 1 trade account : 10 000 0.1 lot usd/jpy 15 mn Quote Link to comment Share on other sites More sharing options...
redsavina Posted June 17, 2011 Report Share Posted June 17, 2011 Nice share..thanks Quote Link to comment Share on other sites More sharing options...
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